According to @muneeb, the new Stacks endowment is officially registered and operational, marking what he describes as the next chapter of the Bitcoin onchain economy. Source: @muneeb on X, Aug 25, 2025. For traders, the confirmed operational status is a concrete event to track for subsequent disclosures that could influence liquidity and builder activity around STX and BTC, while the post itself does not specify size, mandate, or deployment timing. Source: @muneeb on X, Aug 25, 2025.